As a medical professional, I get survey requests to take for my medical opinion, and receive a $10 Amazon gift code each time. Do I have to deduct these as income?

[chienn77]

If amount matters, what is the limit per gift, or sum of all gifts in a given year?
Does it matter whether it's gift code vs. a check? (which some survey companies have given me)

[ToddL · Accepted solution]

The receipt of cash or cash-equivalents is considered taxable income by the IRS. 

There are, however, "de minimus" considerations with respect to reporting amounts so small as to make accounting for it unreasonably or administratively impracticable. 

If you are not actively soliciting these surveys, the individual amounts are small (< $10), the payments so infrequent as to be immaterial relative to your overall income (e.g. a few hundred dollars in total?), I wouldn't be concerned about reporting them. 

Should you choose to report them, here are the steps:

• Go to Less Common Income, Miscellaneous Income and Other reportable income (enter "other reportable income" in the Search Box and Select "Jump to other reportable income")
• Continue to the screen "Other Taxable Income". Enter the description as "Survey Gratuities". These are NOT wages.